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Acquisitions and Divestitures - Summary of Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Aug. 01, 2023
Jan. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets Acquired:          
Goodwill $ 1,416.4     $ 1,042.0 $ 1,049.0
Aerotech          
Assets Acquired:          
Cash and cash equivalents   $ 9.3      
Accounts receivable   75.0      
Unbilled receivables   57.8      
Inventory   153.7      
Other current assets   7.6      
Property, plant and equipment   44.6      
Goodwill   260.3      
Purchased intangible assets   330.4      
Other long-term assets   7.6      
Total assets, excluding cash and cash equivalents   937.0      
Liabilities Assumed:          
Accounts payable   63.2      
Customer advances   24.8      
Payroll-related obligations   13.8      
Other current liabilities   20.7      
Deferred income taxes   2.6      
Long-term liabilities   8.3      
Total liabilities   133.4      
Net assets acquired   $ 803.6      
Hinowa S.p.A.          
Assets Acquired:          
Cash and cash equivalents     $ 13.7    
Current assets, excluding cash and cash equivalents     54.7    
Property, plant and equipment     15.5    
Goodwill     107.0    
Purchased intangible assets     83.9    
Other long-term assets     4.8    
Total assets, excluding cash and cash equivalents     265.9    
Liabilities Assumed:          
Current liabilities     48.3    
Deferred income taxes     25.6    
Long-term liabilities     5.2    
Total liabilities     79.1    
Net assets acquired     $ 186.8